Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1
AMTD Digital’s Subsidiary TGE Announces
Successful Completion of Acquisition of the New York Tribeca Hotel at US$69 Million
PARIS & NEW YORK & LONDON -- AMTD Group
Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) and The Generation Essentials Group
(“TGE”, NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., jointly announce the successful completion of TGE’s
acquisition of the Hilton Garden Inn Hotel in New York City, Tribeca at US$69 Million.
Located at 39 6th Ave, New York, NY 10013, the
property is now rebranded as AMTD IDEA Tribeca Hotel (https://www.instagram.com/amtdideatribecahotel). Future plan has been announced
to convert the hotel to become the world’s first Art Newspaper House.
This hotel offers a refined neighborhood stay
that unites modern comfort with effortless sophistication and exceptional local access, providing guests with a curated gateway to Tribeca’s
art, fashion, and culture.
The completion is a strategic milestone for TGE’s
hospitality portfolio. The hotel’s scale, prime location and retail potential align with TGE’s commitment to premium assets
and unlock opportunities for enhanced operations, cross-segment synergies and sustained long-term value creation.
About AMTD Group
AMTD Group is a conglomerate with a core business
portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.
About AMTD IDEA Group
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents
a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop
business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital
requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients,
business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com
or follow us on X (formerly known as “Twitter”) at @AMTDGroup.
About AMTD Digital Inc.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive
digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital
media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please
visit https://ir.amtdigital.net/investor-news.
About The Generation Essentials Group
The Generation Essentials Group (NYSE: TGE; LSE:
TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in
France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality
and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified
portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition
company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.
Safe Harbor Statement
This press release contains statements that may
constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,”
“anticipates,” “aims,” “future,” “intends,” “plans,” “believes,”
“estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements
about the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital and/or The Generation Essentials Group, are forward-looking
statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is
included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in
this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group
undertakes any obligation to update any forward-looking statement, except as required under applicable law.
For more information, please contact:
For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com
For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.net
For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media
